| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062242 | Economics Letters | 2007 | 8 Pages |
Abstract
If participation is subject to congestion externalities then, conditional upon participation, the returns to activities are less than suggested by an unconditional valuation of returns. This phenomenon is investigated in general terms, and with respect to markets and auctions.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kevin Roberts,